Tuesday, March 07, 2006

EDIG

With PTSC trading at $2.25, +500% from when my friend Roger first mentioned it to me, it may be worth looking at EDIG, which Roger mentioned this morning as an interesting speculation. It's trading at about 15 cents, has been much, much higher in years past($5.00 in October, 2000). They make a hand-held video product and have some association with PTSC management, the details of which I am just now looking into.

Here's a link to their web site.

Consider this an early heads-up.....I will look into the company further and report back.

A

11 comments:

Roger Austin said...

A,

My friend tells me they havea portfolio of intellectual property and are in the early stages of pursuing the same strategy as PTSC in enforcing the patents. I'm just investing in it on pure speculation and watching the tape. I like the volume.

ALAN is also in play this morning with 10 times the average volume. I can't find any news that would set it on fire but the next signed contract should do the trick. They have a lot in the pipeline. It's another dice roll, but I've stayed with it for about three years. I think their ducks are lined up pretty good.

Roger

Allan said...

R,

Thanks for stopping by and adding to the PTSC-EDIG-ALAN stories. On a day like today, these cheap stocks all about all that's going up, which I'm guessing bodes well for the future when the general market bottoms and reverses up.

Our bird flu stocks are taking a hit today as well. But these are extremely news sensitive and with the right headlines will turn on a dime....or a dollar as the case may be.

A

Roger Austin said...

You probably read today's announcement of a small contract for ALAN:

http://biz.yahoo.com/bw/060307/20060307005297.html?.v=1

This CEO comment is of special interest:

Robert R. Kauffman, Alanco's chairman and chief executive officer, commented, "The Virginia contract, although small, is representative of a growing backlog of new projects which have been very slowly progressing through the procurement cycle, a significant number of which we expect to finally land in the next several months."

This kind of news used to send the stock on a wild ride. Now the stockholders are more cautious. Based on PTSC erratic action today, I prefer a narrower trading range when my inclination is to ride the volatility.

Today's action felt like riding a horse without a bridle....which Charlie and I do frequently until he is old enough for some serious training. He takes me where he wants to go but we stay inside the fence. I've never ever trusted a horse without a bridle but Charlie is a great companion. I'll use a bitless bridle with him.

Roger

Anonymous said...

So Allan....have you completed your research into EDIG? What do you think?

Allan said...

So Allan....have you completed your research into EDIG? What do you think?

I think it was up 34% today on 11 times it's average volume and is still only 19 cents. That in and of itself says all a specualtor needs to know for a short term trading idea, i.e. it's going higher. Still sifting through web site, SEC filings and message boards looking for red flags, none found yet. I'm not selling any time soon.

A

Anonymous said...

Allan,

PTSC crashing. Down to 1.55.
What is your take on it. Hold buy etc.

sunny

Allan said...

sunny, I've been Buying PTSC all morning, puting bids in under the market, getting filled, doing it again. 1.40 is a 50% retracement of move from 0.69 to 2.25 at end of February, maybe, just maybe a natural place to find support and turn up to new highs. It's a gamble, but one I'm willing to take.


A

Anonymous said...

Thanks.

Sunny

Anonymous said...

Here's a post I saw on ragingbull. Is this rumor the driving force in the recent PPS upswing? I haven't been able to find any other information about this. Care to share your resources?

http://ragingbull.lycos.com/mboard/boards.cgi?board=EDIG&read=1239091

Anonymous said...

alan,

This stock has gone down almost 25% since you posted about it. The company seems to have a history of lies and misguidance (if you trust what you read on the rb message board). You still holding on? What's your exit price? The only thing I see that will drive this stock back up is the company releasing news confirming that there are patent infringements that they can pursue ala PTSC. Your thoughts please.

Allan said...

Still holding; I have a basket of these "lottery tickets" and the beauty of that strategy is that any one of them can blow-up or decline 25% and not destroy my symphony of hope. Remember, worse case is down 100%, best case is unlimited and we already have an 1800% winner with NNVC and several 500% winners. Those go a long way toward easing the pain of a 25% loser.

A